Vela Technologies #VELA – Interim results for the six months ended 30 September 2024 December 18, 2024 – Posted in: Vela Technologies Plc (VELA)

Vela Technologies plc (AIM: VELA), an AIM-quoted investing company focused on early stage and pre-IPO disruptive technology investments, today announces its unaudited interim results for the six months ended 30 September 2024. Overview The last six months have continued to be challenging for the small-cap marketplace in the UK. As reported in its latest quarterly report, announced on 28 November 2024, the Board has concluded that it cannot continue to wait for the long-expected upturn…

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Vela Technologies #VELA – Investment in Hamak Gold Limited July 17, 2024 – Posted in: Vela Technologies Plc (VELA)

The Board of Vela (AIM:VELA), an AIM-quoted investing company focused on early-stage and pre-IPO disruptive technology investments, announces that it has entered into an unsecured convertible loan note instrument (“the Agreement”) with Hamak Gold Limited (“Hamak”), the Liberia-based gold exploration and development company (LSE:HAMA). As part of the Agreement, Vela has agreed to issue 2,424,242,424 new ordinary shares of 0.01 pence each (“the Consideration Shares”) to Hamak at a deemed issue price of 0.012375 pence…

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